Overall in 2012, nearly 51 lakh students graduated in India, out of which 45.7% were from the arts stream, said Knowledgefaber, a Bangalore-based research & consulting firm.
Engineering and technology graduates made up 3.56 lakh of the overall talent pool at the graduate level. However, Knowlegefaber's research found that there are huge regional imbalances in the availability of engineering graduates. Four states (Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra) together have more than 70% of these graduates. To add to this concern is the question raised on the quality of engineering schools in India and the quality of graduates coming out of these colleges, said the research.
"Customer needs are changing and technology developments are placing greater demand on the industry. Outstanding interface skills, deeper domain knowledge and awareness of the business context has become a 'must have' for today's professionals. Not all colleges that churn out students have been able to build these skills into their curriculum, thereby necessitating companies to bridge the skill gaps and bring about standardization of capability, among students hired from different parts of the country," said Hari T, chief people officer at IT services firm Mahindra Satyam.
This is the reason why companies will have to hunt for talent beyond the IITs and NITs. "Across industries, companies are looking to hire from tier 1 engineering colleges but the competition is very high and it represents less than 5% of the overall talent pool. We feel it is best recommended to look at talent in tier 2 and 3 cities," said Amit Goel, CEO, Knowledgefaber.
Computer science and IT accounts for nearly 32.5% of the fresh engineering talent in India while electronics and mechanical stream comes in second and third with 21.8% and 17.7% of students opting for these streams, respectively.
Blog Source:http://timesofindia.indiatimes.com
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